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Traditional Chinese Medicine Hospitals in China: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Traditional Chinese Medicine Hospitals Market Research Report | Feb 2016

IBISWorld’s Traditional Chinese Medicine Hospitals market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

Report Snapshot
Industry Statistics & Market Size
Revenue
$54bn
Annual Growth 11-16
16.3%
Annual Growth 16-21
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Profit
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Employment
831,463
Businesses
3,059
Industry Analysis & Industry Trends

Driven by government support and increasing demand from patients, the development of the Traditional Chinese Medicine Hospitals industry has accelerated in recent years. In 2016, revenue for this industry is expected to reach $53.7 billion, up 11.8% from 2015 and representing annualized growth of 16.3% from 2011.

For the Traditional Chinese Medicine Hospital industry, a growing number of patients has ensured revenue and profitability increases. Profitability ihas risen from 0.9% in 2007 to an estimated 4.6% in 2016. The scale of traditional Chinese medicine hospitals has also been expanding. There are about 3,059 traditional Chinese medicine hospitals in China, each containing 252 beds on average.... purchase to read more

Industry Report - Industry Analysis Chapter

In the five years to 2016, revenue for the Traditional Chinese Medicine Hospital industry is expected to reach $53.7 billion, representing an annualized increase of 16.3% over the period.

Development of traditional Chinese medicine hospitals tends to be standardized. In 2016, there are an estimated 3,059 traditional Chinese medicine hospitals in China, and a total of 771,600 beds. In most traditional Chinese medicine hospitals, Western medical devices and detecting methods have been adopted for diagnoses.

Development of the Traditional Chinese Medicine Hospital industry has been of growing importance to the Chinese government in recent years... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Traditional Chinese Medicine Hospitals Industry?

The Traditional Chinese Medicine Hospital industry in China comprises licensed traditional Chinese medicine general hospitals and traditional Chinese medicine specialized hospitals. Integrated traditional Chinese and Western medicine hospitals and ethnic minority hospitals are not included in this industry.

Industry Products
Outpatient servicesInpatient servicesMedicine sales
 
Industry Activities
Diagnostics and examination servicesMedicine boiling servicesAcupuncture and moxibustion servicesManipulation services Scrape therapy servicesOther hospital services


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